Singapore's compliance with the Observance of Standards and Codes on Financial Action Task Force (FATF) recommendations for Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) is reviewed. Singapore's AML/CFT efforts are centered on having a sound and comprehensive legal, institutional, policy and supervisory framework, maintaining a low domestic crime rate, fostering intolerance for domestic corruption, and ensuring an efficient judiciary. Singapore has systematically taken steps to address many of the recommendations that have been made in its second FATF mutual evaluation in 1998-99.